Settings8H · net · $10k
Funding arb · Price arb /

SOL

all SOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Bulk against 01 Exchange−0.103%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.103%, 7d avg −0.016%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.087% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.016%). If the spread goes back, that is −$9 on $10k: about 5.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SOLUSD116.670.0048pay 0.0006% / 1h8m 54s$99K$178K20x
ShortBulk SOL-USD116.550.0100get 0.0013% / 1h8m 54s$125.4M$26.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$10.92
Price spread: −0.103% → −0.016%
−$8.72
Slippage, 4 orders
−$15.33
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$27.13
Costs to cover
0.293%
Break-even
24.4 days
Slippage from 01 Exchange: live order book, 35 min ago; Bulk: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange live order book, 35 min ago0.43 bp6.2 bp −$610.2 bp −$102doesn't fitdoesn't fit
Sell Bulk live order book, just now4.29 bp7.8 bp −$87.8 bp −$7810.3 bp −$1,03215.2 bp −$7,576

SOL on 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi SOL/USDT-P−0.0200%1h116.61−0.051%$97K$678K20xas long as short
Bybit SOLUSDT−0.0113%8h116.62−0.043%$739.2M$1.44B100xas long as short
Hotstuff SOL-PERP−0.0080%1h116.58−0.081%$1K$8K25xas long as short
Kraken Futures PF_SOLUSD−0.0072%1h116.64−0.029%$32.3M$106.2M100xas long as short
Vest SOL-PERP−0.0046%1h116.59−0.072%$634K20xas long as short
gTrade (Gains Network) SOL/USDL −0.0001% / S +0.0004%1h116.62−0.046%$42K150xas long as short
Kalshi KXSOLPERP0.0000%8h116.65−0.016%$1.5M$19.3M3.1xas long as short
Perpl SOL0.0000%43m116.66−0.013%$106K$3.5M8.3xas long as short
dYdX SOL-USD+0.0017%1h116.62−0.043%$4.3M$23.6M20xas long as short
Bitget SOLUSDT+0.0038%8h116.61−0.056%$480.7M$459.4M100xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SOLUSDlong+0.0048%1h116.67long leg$99K$178K20x
Coinbase International SOL-PERP-INTX+0.0048%1h116.63−0.033%$8.0M$402.7M50xas long as short
Lighter RH SOL+0.0056%1h116.59−0.064%$2.2M$16.9M25xas long as short
Aster SOLUSDT+0.0076%8h116.62−0.039%$176.5M$169.6M100xas long as short
SoDEX SOL-USD+0.0080%1h116.62−0.043%$6.1M$11.0M20xas long as short
Orderly PERP_SOL_USDC+0.0084%8h116.61−0.047%$1.0M$5.9M100xas long as short
Paradex SOL-USD-PERP+0.0092%8h116.55−0.104%$1.0M$554K50xas long as short
Lighter SOL+0.0096%1h116.62−0.045%$13.1M$61.1M25xas long as short
Aevo SOL-PERP+0.0096%1h116.62−0.042%$351K$252K20xas long as short
Katana Perps SOL-USD+0.0099%8h116.57−0.086%$66K$910K20xas long as short
Nado SOL-PERP+0.0100%1h116.56−0.090%$5.5M$41.2M40xas long as short
Hyperliquid SOL+0.0100%1h116.74+0.060%$701.4M$408.2M20xas long as short
Pacifica SOL+0.0100%1h116.63−0.036%$15.7M$130.6M20xas long as short
Binance SOLUSDT+0.0100%8h116.63−0.034%$966.8M$3.87B100xas long as short
OKX SOL-USDT-SWAP+0.0100%8h116.64−0.026%$367.5M$1.77B100xas long as short
Ondo Perps SOL-USD.P+0.0100%1h116.62−0.043%$216K$837K10xas long as short
Arcus SOL-USD+0.0100%1h116.60−0.063%$899K$8.7M20xas long as short
Bulk SOL-USDshort+0.0100%1h116.55−0.103%$125.4M$26.0M20x
Gate SOL_USDT+0.0100%8h116.62−0.043%$850.3M$675.2M100xas long as short
MEXC SOL_USDT+0.0100%8h116.62−0.043%$369.2M$1.08B300xas long as short
KuCoin SOLUSDTM+0.0100%8h116.64−0.030%$133.0M$233.2M75xas long as short
BingX SOL-USDT+0.0100%8h116.62−0.040%$373.3Mas long as short
Backpack SOL_USDC_PERP+0.0100%1h116.61−0.051%$23.1M$37.0M50xas long as short
Variational Omni SOL+0.0100%8h116.52−0.126%$25.1M$111.0Mas long as short
edgeX SOLUSDC+0.0100%4h116.56−0.098%$93.6M$408.3M75xas long as short
GRVT SOL_USDT_Perp+0.0100%8h116.59−0.070%$47.7M$30.2M20xas long as short
ApeX Omni SOLUSDT+0.0100%1h116.59−0.069%$1.2M$6.8M50xas long as short
StandX SOL-USD+0.0100%1h116.63−0.034%$1.3M$11.9M30xas long as short
Polymarket Perps SOL-USD+0.0100%1h116.61−0.051%$313K$2.8M20xas long as short
Bullet SOL-USD+0.0100%1h116.64−0.028%$242K$1.7M20xas long as short
Bluefin SOL-PERP+0.0100%1h116.65−0.020%$27K$36K25xas long as short
SunX SOL-USDT+0.0100%8h116.62−0.044%$189K$1.8M30xas long as short
HTX SOL-USDT+0.0100%8h116.59−0.064%$225.8M$50.5M75xas long as short
Phemex SOLUSDT+0.0100%8h116.59−0.069%$45.4M$104.9M50xas long as short
Extended SOL-USD+0.0104%1h116.59−0.071%$8.0M$38.0M50xas long as short
Deribit SOL_USDC-PERPETUAL+0.0113%1h116.70+0.026%$26.4M$21.7M50xas long as short
Jupiter Perps SOL-PERPL +0.0120% / S +0.0056%1h116.60−0.059%$233.7M500xas long as short
Injective SOL/USDC PERP+0.0176%1h116.69+0.017%$4K$2K12xas long as short
Phoenix SOL+0.0178%1h116.72+0.043%$6.5M$13.6M25xas long as short
Reya SOLRUSDPERP+0.0195%1h116.59−0.068%$1.1M$545K25xas long as short
BloFin SOL-USDT+0.0220%8h116.58−0.077%$52.1M$66.6M125xas long as short
GMX SOL/USD [SOL-USDC]L +0.0231% / S −0.0169%1h116.61−0.051%$3.5M200xas long as short
RISEx SOL/USDC+0.0451%1h116.67−0.003%$2.1M$4.9M20xas long as short
Aftermath Perps SOLUSD+0.0493%1h116.69+0.013%$25K$57K20xas long as short